Financial Controller - Armand De Brignac Maison
Armand de Brignac is a prestige champagne of unparalleled luxury and craftsmanship, and a brand that has captivated consumers on all continents, with huge success in multiple markets internationally, including the US, Japan, Global Travel Retail, France, United Kingdom, and Italy.Since 2021, Armand de Brignac has been a Joint Venture between Jay-Z and Moët Hennessy Louis Vuitton (LVMH) and has been one of the most prestigious marques in its category, with ambitious plans for acceleration and growth.Armand De Brignac Financial Controller is responsible for ensuring the fair and accurate valuation of company’s assets and liabilities on behalf of the Joint Venture, in full compliance with GAAP / IFRS requirements and LVMH / MH rules and processes.This role will oversee and execute all aspects of accounting and general ledger maintenance. Responsibilities include developing and implementing policies and procedures to ensure:A robust control environmentAccurate financial information, readily understood by leadership and shareholdersEffective control and monitoring of company assets and resourcesEnhanced efficiency through the review, improvement, and automation of systems and processesFSCP / General Ledger MaintenanceManage General Accounting, A/P, A/R, Inventory and TreasuryPlan and manage month, quarter, and year end closing activitiesCommunicate ledger entries and accruals to MHUSA back officeAct as the key contact for requests originating outside of the AdB finance departmentReview and validate accuracy of monthly financial statements provided by MHUSA back officeFinancial ReportingEnsure accurate and timely reporting of financial statements to the Joint Venture Board, MH and LVMHReconcile financial statements between SAP and MH / LVMH reporting toolsCollaborate with FP&A to ensure consistency between P&L and B/S during forecast cyclesCollaborate with FP&A to build Overheads budget and monitor / analyze actual monthly spendOversee the preparation of financial analysis and presentations to a wide spectrum of audiencesInitiate and / or support change initiatives aiming at simplifying the planning & reporting process, improving agility while staying efficientTreasury ManagementBuild cash forecast, analyze and explain cash flow evolutionsApprove payment requests created by MHUSA back officeReport monthly actual cash flows and cash positionsBe the main point of contact for relationships with banks (including control of bank covenants)Maintain e-banking systemInventory ControlMonthly inventory reconciliation of finished goods and dry goods with production entityExecute regular physical inventory countsTimely resolution of inventory reconciling itemsEstimate and recommend provision, write-off and destruction of obsolete inventoryCommunicate material, bill of materials and pricing master data to MHUSA back officeMonitor and reconcile inventory transactions to internal and external warehouse systemsInternal ControlBusiness owner of the financial processesImplement and / or support implementation of recommendations from internal & external auditsDevelop processes and maintain documentation to enhance efficiencies and reduce risksRun an annual Internal Control Self-Assessment according to LVMH guidelinesAuditPrimary contact for external and internal auditorsCoordinate and manage external audits ensuring all information requested is provided in a timely and accurate mannerCoordinate and manage LVMH internal audits ensuring all information requested is provided in a timely and accurate mannerOtherTake on special projects or ad hoc analyses as directed by ManagerEducationBachelors Degree and/or Masters Degree; CPAProfessional ExperienceMinimum 12 years’ experience in accounting roles of which 2-3 years in a similar rolePractical/Technical Knowledge:Strong finance and information systems intelligenceGood leadership skillsStrong analytical skillsStrong presentation skillsStrong knowledge of accounting principles and knowledge of internal control and processesExpertise in SAP, Excel and PowerpointPersonal & Interpersonal Skills:Establishes priorities independently; Ability to handle peak of workload, Drives for results; Very much hands-on; Commitment to deadlines, Ability to work under pressure, Motivates others; Leads with integrity and trust; Capacity to get into details and summarize; Solid interpersonal and communication skills; High level of attention to details; Able to work with limited directions.Embracing Being AdB/LVMH:Be Creative and Innovative, Deliver Excellence, Cultivate an Entrepreneurial Spirit.Embracing Vision/Mission/Values AdB and MH:Sharing, Elegance, Epicureanism, Integrity, Spirit of ConquestCompensation: salary plus discretionary bonusBenefits: Health Insurance, 401K, PTOSchedule: Full Time. Monday – Friday. Hybrid Workplace. Some travel may be expected. Availability and flexibility to adjust to schedule changes in the context of a global organization operating in multiple time zones (domestic and international), as well as related to business needs.Armand de Brignac LLC is an equal opportunity/affirmative action employer. Armand de Brignac LLC considers candidates without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, age, disability, veteran status, or any other characteristic protected by applicable law. External applicants must be currently authorized to work in the United States on a full-time basis.